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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Retail space
600 University Ave Los Gatos, CA 95032-4416
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0617593
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Construction
TILT-UP CONCRETE
Total area
2,112 SF
Lot
0.12 ac (5,016 SF)
Zoning code
LM
APN
529-10-105
UPID
US09-0617593
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kerful Cleaners (Bike/Boat/Book/etc) Store
-
Amy's Alterations (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$880k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
April K Shon · 7 yrs held
April K Shon
since 2019
7 recorded transactions
Zoning & alternative use
LM · Los Gatos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Los Gatos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Gatos submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$950,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,205,000
Current use
Blend value · Realmo final
$795k
Range $716k – $875k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$376 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,611
Tax year 2024
Assessed value
$1,040,517
Assessed 2024
Previous assessed
$1,040,517
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$336,211
Assessed improvement
$704,306
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Bathrooms
5
Total area
2,112 SF
Lot
0.12 ac (5,016 SF)
Zoning code
LM
APN
529-10-105
UPID
US09-0617593
Jurisdiction
SANTA CLARA
Zoning & alternative use
LM · Los Gatos, CA
Zoning LM · permitted uses
LM · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
April K Shon
Individual
Free & Clear · 7 yrs held
Mailing address
5553 SATINLEAF WAY, SAN RAMON, CA 94582-5059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2019
—
April K Shon
Kim,joung S & Young H
Quit Claim Deed
—
Dec 29, 2005
—
Joung S Kim
Kim J S & Y H 2005 Trust
Quit Claim Deed
related
—
Dec 29, 2005
$337,500
Joung S Kim
Kim,joung S
Grant Deed
related
$675,000 · Bank Of America
Jun 2, 2005
—
Kim Joung S & Y H 2005 Trust
Kim,joung S
Quit Claim Deed
related
—
Oct 26, 1999
—
Kim Trust
—
Deed Of Trust
related
$1,000,000 · Asiana Bank
May 12, 1999
$83,227
Juong S Kim
Kim,juong S & Young H
Grant Deed
related
—
Apr 28, 1999
$565,000
Joung S Kim
Martinelli,robert J
Grant Deed
$750,000 · Cupertino National Bank
Oct 13, 1994
—
Robert J Martin
Martin,robert J
Quit Claim Deed
related
$276,000 · Comerica Bank
Oct 23, 1990
$397,000
Robert Martin
Frandle,k.&k.
Grant Deed
$394,000 · Saratoga Savings & Loan
Jun 19, 1989
$221,500
Kyle Frandle
Med-venture I
Grant Deed
$80,000 · Coast Commercial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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